Settings8H · net · $10k
Funding arb · Price arb /

XAG

RWAall XAG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: SoDEX against StandX−0.098%48s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
Funding pays, the price is against you. SoDEX is 0.098% cheaper against StandX than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 33 days of funding at the current rate ($0 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX XAG-USD66.0900.0040pay 0.0005% / 1h18m 29s$795K$3.0M40x
ShortSoDEX SILVER-USD66.0250.0050get 0.0006% / 1h18m 29s$3K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against StandX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$2.1
Price spread: −0.098% → 0.000%
−$9.84
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$23.74
Costs to cover
0.160%
Break-even
86.1 days
Slippage unknown: StandX: live order book, just now; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, just now2.27 bp9.4 bp −$911.3 bp −$11339.7 bp −$3,969doesn't fit
Sell SoDEX no order-book sample
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XAG on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps XAG-USD.P−0.0063%1h65.950−0.212%$5.7M$9.3M25xas long as short
dYdX XAG-USD0.0000%1h65.989−0.154%$14K$665xas long as short
SunX XAG-USDT0.0000%4h66.100+0.015%$2K$2.6M20xas long as short
HTX XAG-USDT0.0000%4h66.100+0.015%$1.0M$949K75xas long as short
Phemex XAGUSDT0.0000%4h66.0900.000%$1.5M$320K100xas long as short
gTrade (Gains Network) XAG/USDL +0.0004% / S −0.0006%1h65.989−0.152%$120K250xas long as short
Gate XAG_USDT+0.0004%4h66.080−0.015%$149.9M$164.0M100xas long as short
Lighter RH XAG+0.0032%1h66.060−0.046%$4.7M$9.5M25xas long as short
Extended XAG-USD+0.0032%1h66.009−0.123%$5.2M$11.5M10xas long as short
Injective XAG/USDC PERP+0.0033%1h66.400+0.469%$11K$94K52xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX XAG-USDlong+0.0040%1h66.090long leg$795K$3.0M40x
Vest SI-PERP+0.0046%1h66.481+0.592%25xas long as short
tradeXYZ xyz:SILVER+0.0050%1h66.014−0.115%$166.3M$74.0M25xas long as short
Polymarket Perps SILVER-USD+0.0050%1h66.013−0.117%$3.9M$674K20xas long as short
SoDEX SILVER-USDshort+0.0050%1h66.025−0.098%$3K$6K20x
Paradex XAG-USD-PERP+0.0056%8h66.048−0.063%$30K$1K5xas long as short
QFEX SILVER-USD+0.0060%1h66.050−0.061%$114K$2.7M20xas long as short
Hotstuff SILVER-PERP+0.0072%1h66.049−0.062%$35K$21K20xas long as short
Phoenix SILVER+0.0073%1h65.995−0.144%$56K$26K25xas long as short
Kalshi KXSILVERPERP+0.0073%24h66.054−0.054%$518K$26.1M8.1xas long as short
RISEx XAG/USDC+0.0080%1h66.069−0.032%$1.3M$4.9M20xas long as short
Pacifica XAG+0.0100%1h66.013−0.117%$470K$605K10xas long as short
KuCoin XAGUSDTM+0.0100%4h66.010−0.121%$24.4M$4.5M75xas long as short
ApeX Omni XAGUSDT+0.0100%1h66.030−0.091%$113K$30K50xas long as short
Lighter XAG+0.0104%1h66.061−0.044%$5.2M$10.8M25xas long as short
Bybit XAGUSDT+0.0118%4h66.070−0.030%$27.8M$36.6M150xas long as short
Aster XAGUSDT+0.0123%4h66.053−0.057%$2.7M$866K100xas long as short
Aevo XAG-PERP+0.0168%1h66.073−0.026%$47K10xas long as short
Nado XAG-PERP+0.0170%1h66.023−0.102%$1.4M$5.8M10xas long as short
BloFin XAG-USDT+0.0170%4h66.060−0.045%$2.6M$563K100xas long as short
Variational Omni XAG+0.0171%4h66.073−0.025%$5.7M$9.5Mas long as short
GRVT XAG_USDT_Perp+0.0178%4h66.085−0.008%$395K$1.5M25xas long as short
Binance XAGUSDT+0.0178%4h66.057−0.050%$190.8M$701.9M100xas long as short
MEXC SILVER_USDT+0.0180%4h66.050−0.061%$114.9M$152.7M1000xas long as short
Aftermath Perps XAGUSD+0.0186%1h66.033−0.086%$79K$36K10xas long as short
edgeX XAGUSDC+0.0187%4h66.071−0.029%$670K$311K30xas long as short
Coinbase International SILVER-PERP-INTX+0.0208%1h66.030−0.091%$1.8M$1.0M20xas long as short
OKX XAG-USDT-SWAP+0.0225%8h66.050−0.061%$27.7M$64.6M50xas long as short
Bullet SILVER-USD+0.0226%1h66.055−0.052%$45K$75K10xas long as short
Bitget XAGUSDT+0.0226%4h66.050−0.061%$23.9M$45.2M100xas long as short
Hibachi XAG/USDT-P+0.0296%1h66.042−0.072%$20K$19K10xas long as short
Deribit SILVER_USDC-PERPETUAL+0.0356%1h66.080−0.015%$75K$363K20xas long as short
GMX SILVER/USD [ETH-USDC]L +0.0388% / S −0.0440%1h66.095+0.008%$105K111xas long as short
Kraken Futures PF_XAGUSD+0.0623%1h66.056−0.052%$912K$683K25xas long as short